Mapping
Source: Hindu BL
Context: India aims to bolster its access to critical minerals in Africa to enhance resource security and challenge China’s dominance in the region.
- With a list of 30 crucial minerals, including lithium and cobalt, India seeks partnerships in countries like Tanzania, Zimbabwe, Congo, and Zambia.
Khanij Bidesh India Limited (KABIL) was established in 2019 as a joint venture of NALCO, HCL, and MECL to secure strategic minerals like lithium and cobalt from overseas. KABIL handles the identification, acquisition, exploration, and processing of these minerals to meet India’s commercial needs.
The Mineral Security Partnership (MSP) is a US-led coalition of 14 countries, including India, focusing on ensuring stable supply chains for critical minerals like Cobalt, Nickel, Lithium, and rare earth minerals. Its mandate includes diversifying and stabilizing global supply chains, promoting investment, upholding environmental and social standards, and increasing mineral recycling.
